From Pymnts · PYMNTS · · 1m 10s
OCC Finalizes Stablecoin Rules for January Deadline
OCC sets stablecoin rules by Jan 18 after 60-day review.
In brief
OCC sets stablecoin rules by Jan 18 after 60-day review. The OCC finalized stablecoin regulations requiring reserve backing, redemption, and risk management for issuers by January 18, 2027, under the GENIUS Act. Originally reported by Pymnts.
OCC finalizes stablecoin rules
The Office of the Comptroller of the Currency finalized rules for stablecoin issuers under its jurisdiction.
January 18 compliance deadline
The rule takes effect January 18, giving issuers a short runway to prepare for regulated operations.
GENIUS Act implementation
The rule translates the GENIUS Act’s requirements into a supervisory framework for bank subsidiaries and federally approved nonbank issuers.
Comptroller Gould statement
Comptroller Jonathan Gould said the framework provides strong standards for reserve backing, redemption, and risk management.
GENIUS Act restrictions
The law prohibits anyone other than permitted issuers from issuing payment stablecoins in the United States.
Treasury comparison
Treasury Secretary Scott Bessent compared the legislation to Lincoln’s National Currency Act of 1863.
Regulatory scope
The rule covers national bank subsidiaries, federally approved nonbank issuers, and state-qualified issuers over which the agency has authority.
The big picture
The OCC finalized stablecoin regulations requiring reserve backing, redemption, and risk management for issuers by January 18, 2027, under the GENIUS Act.
